Nissan exits Russia; to sell business for 1 euro
Nissan Motor Co. Ltd. announced on Tuesday that it will sell its operations in Russia to a state-owned company for 1 euro ($0.97), incurring...
China’s BYD gets five-star safety rating for electric SUV
BYD's electric ATTO 3 crossover SUV was awarded the coveted maximum five-star safety rating by the European New Car Assessment Program (Euro NCAP) on...
Mercedes, Microsoft teams up on supply chain data platform
Mercedes-Benz (MBGn.DE) and Microsoft (MSFT.O) launched a cooperation on Wednesday that will use Microsoft Cloud for a data platform. The platform will be used...
High demand for EVs in UK, new car registrations up 4.6%
According to industry statistics that was published on Wednesday, the demand for electric vehicles contributed to a 4.6% increase in the number of new...
India to be export hub with Mercedes’s EU trade deal
The country head of Mercedes-Benz told the media on Friday that a complete trade agreement between India and the European Union might open the...
Nicolas Peter, chief financial officer (CFO), stated in a roundtable on Monday that BMW anticipates reaching the higher end of its 7-9% profit target...
Fisker plans to produce, sell electric SUV in India
According to the chief executive officer of the American startup Fisker Inc (FSR.N), the business could start producing its automobiles locally in a few...
Tesla recalls 1.1 million vehicles in US to update window reversing software
Because the window automated reversal system may not respond appropriately after sensing an obstruction, increasing the risk of damage, Tesla (TSLA.O) is recalling nearly...
Volkswagen plans 75 billion euro valuation in Porsche IPO
In what will be the second-largest initial public offering (IPO) in Germany's history, Volkswagen stated on Sunday that it aims to value Porsche at...